Supply chain management involves coordinating the flow of goods and information between suppliers, producers, distributors, and customers. The goal is to create value for customers by efficiently delivering products and services. Key aspects of supply chain management include information flow, product flow, and cash flow moving both forward from suppliers to customers and in reverse. Effective strategies focus on execution, cost management, and responsiveness to trade partners to fulfill demands within 24 hours through collaboration between companies in the supply chain. Flows in the supply chain include materials, components, finished products, invoices, payments, and information moving along both the primary supply chain and in reverse.

1. Supply chain management
By varsha pandey
PGDM(general)2020-22

2. What is supply chain management?
Supply chain is not a technical subject but it is a management or strategic subject. The goal of SCM is value creation by making
products or offering services to the customers.
information flow
reverse product flow
Supplier producer customer
primary product flow primary product flow
primary cash flow

3. Seller producer customer
Raw material components from seller receives the finished goods
Energy furnished goods
Services services
components

4. Strategies:
execution
effectiveness
cost performance
Fulfils demands from trade partners Focuses efficiency & cost management
Ex- these companies tend to fail in long run Ex-In supermarket chains distribution centers,logistic
Look at what happened to companies like providers and manufacturers corporate to replace
Nokia and blockbuster. goods sold in the shop in less than 24hrs.
Ex- companies that deals with cigarette,
liquor industries fall in this category because
of strict control over capacity expansion..when
firm has a stable internal and external environment
the firm will continue with its present strategy
Reactive
Stable
Efficient Reactive

5. Flows in supply chain:
Invoices payments of products
sales literature supplies
specifications
receipts
orders
rules and regulations
materials returns for repairs
components replacements
Supplies recycling
Services disposals
Finished products
Information flow
Primary product flow
Primary cash flow
Reverse product flow

6. Wholesaler distributor
producer
Consumer
Raw material
Finished products
money
Example of supply chain:

7. Supply chain in manufacturing:
Supplier(tier2) Supplier(tier1) Manufacturer Distributor Customer
primary product flow primary cash flow
Supply chain in services:
electricity provider
legal advisor
real estate
construction
software house
federal government
except:----- farming ,mining and manufacturing
Ex: like electricity services it receives product , services and supplies provide it to home ,
commercial customers and to other utilities